The Verifone Pin Pad 1000 provides maximum flexibility for debit card transactions. Key management is integral to the Pin encryption process. The Pin Pad 1000 supports both Master/Session and DUKPT (derived unique key per transaction), meaning that merchants don’t have to purchase new hardware if their key management requirements change. The Verifone Pin Pad 1000 provides maximum flexibility for debit card transactions in the point of sale environment. Smart merchants know that key management is integral to the Pin encryption process for debit card transactions.

The system is used world wide, the Master/Session method uses master keys and working "session" keys. The DUKPT method automatically generates a working key for each transaction and ensures POS debit and host synchronization across transactions. In addition to providing the benefits of key management flexibility, the Verifone Pin Pad 1000 supports VeriFone Pin Pad 101 and 102 applications. The Pin Pad 1000 also supports MAC (Message Authentication Code). This technique protects the debit transaction data from accidental or fraudulent tampering during its transfer to the host. The Pin Pad 1000 offers consumers a number of advantages. So compact it fits in the palm of the hand, it allows customers to enter their Pins in complete confidentiality. And its easy-to-read eight-character display lets them confirm the purchase amount. The efficient deployment and cost savings allow merchants to use VeriFone's MKIXOR™ software to inject the Pin Pad 1000 for either Master/Session or DUKPT key management. If both key types have been injected, you can easily reset the Pin Pad 1000 on site when you switch from one methodology of key management to another.